Insights
Mitchell Canadian Collision Summary: Q2 2017
October 8, 2017
4 MIN READThis data is the product of upload activity from body shops, independent appraisers, and insurance personnel, more accurately depicting insurance-paid loss activity, rather than consumer direct or retail market pricing.
Supporting Our Clients for 70 Years with Insurance Technology
October 8, 2017
8 MIN READMitchell was founded in Glenn Mitchell’s garage 70 years ago. The world has changed a lot since 1946, and Mitchell has evolved right along with it.
Prepare for IAIABC Claims Release 3.1 by Starting with Your EDI Reporting Process
October 8, 2017
4 MIN READThe IAIABC (International Association of Industrial Accident Boards and Commissions) maintains and develops electronic reporting standards in the Workers Compensation arena. Since 2003, the IAIABC Claims Release 3.0 has been in publication.
The Compliance Corner: Opt-Out, an Alternative Workers' Compensation Model
October 8, 2017
2 MIN READOpt-out in the workers’ compensation world is 2016’s buzzword for deregulation of payment for workers’ compensation claims at the state level. Opt-out is an alternate compensation model for the injured worker whereby employers choose to opt-out of state regulated systems. It has been promoted in some states like Oklahoma and Texas.
Top 10 Trends from the Mitchell 2016 P&C Conference
October 8, 2017
7 MIN READAt the 2016 Mitchell Property and Casualty Conference, keynotes, breakouts and everything in between were focused on technology and social trends that are changing the way we interact with one another and do business. From augmented reality to information security, here are 10 of the many trends that were top of mind at the conference.
Top Trends in the Auto Casualty Insurance Industry - Mitchell Experts Provide Insights
October 8, 2017
2 MIN READThere are always shifts and trends insurance carriers should be watching out for in the auto casualty industry– especially nowadays with factors like changing regulations, more expensive medical costs and increasing accident severity. Here are some of the top trends Mitchell’s auto casualty experts are seeing in the market that are influencing the industry most today.
Average Length of Rental for Repairable Vehicles: Q3 2016
October 8, 2017
4 MIN READContinuing a recent trend, U.S. Length of Rental (LOR) increased by .5 days in the third quarter versus the same period the previous year (11.4 to 11.9) powered by a surge in claims frequency and an escalation of complex repairs. The regional results are very similar to those from the second quarter with the Southwest nearly two days longer than the U.S. average at 13.8 days, an increase of 1.3.